Kazakhstan is working on a formula to supply refined oil products to Moscow during a fuel export ban extended after Ukraine's attacks on Russia. The Energy Ministry, in a statement to Reuters, said that intergovernmental talks are underway to send back to Russia some of the products refined from Russian crude oil.
Under the proposed plan, Kazakh refineries will process Russian oil and return some of the refined gasoline and diesel to Russia. The ministry said these commercial shipments would be carried out by commercial entities in accordance with Kazakh laws. However, it did not give details on production volumes, delivery schedules or which refineries would be used.
"The top priority in the talks is fully meeting the needs of Kazakhstan's domestic market," the Energy Ministry said, adding that this formula aims to keep its refineries running at full capacity while guaranteeing domestic supply.
The talks come as Russia has extended its gasoline and diesel export ban until the end of next January as part of efforts to stabilize the domestic market after attacks on its oil facilities by Ukrainian drones.
Kazakhstan's Kondensat refinery has been processing Russian crude oil since at least mid-2024 and exported gasoline to Russia for the first time this month. According to Reuters data, Kazakhstan accounts for about 2% of global daily oil supply.